As optimism over ongoing US-Iran negotiations boosted sentiment, Asian stocks rose for a second day and US equity-index futures slightly increased. The MSCI Asia Pacific Index as a whole increased by 0.2% as shares in South Korea, Australia, and Japan increased. The Nikkei 225 index increased by almost 1%. Contracts for the Nasdaq 100 Index…
Stocks to watch today, May 22: GAIL, Sun TV Network, LIC, Eicher Motors, Coforge, Maruti Suzuki and others (Image: AI/ET Now) Stocks to watch today, May 22: Indian shares are likely to see stock-specific action on May 22 as investors react to a slew of quarterly earnings and corporate developments. Nykaa, Life Insurance Corporation of…
Shares of RPSG Ventures Ltd. declined after reporting their fourth quarter earnings on Thursday, May 21. The company reported a mixed set of earnings for the fourth quarter across parameters. Its net loss widened to ₹58 crore from ₹13 crore in the fourth quarter previous year. On the flip side, revenue increased by 15% to…
Shares of Century Enka Ltd surged more than 20% in Thursday’s trade after the Aditya Birla Group company reported a sharp improvement in fourth-quarter earnings, aided by a strong expansion in operating margins and profitability. The stock surged 20% to hit the upper circuit at ₹540 on the NSE after the earnings announcement, emerging as…
US markets overcame an initial bout of volatility on Thursday, May 21 to end higher amidst contradictory reports of a possible deal between the US and Iran to end hostilities in West Asia and commence maritime traffic through the Strait of Hormuz. The Dow Jones reversed early losses to end 270 points higher, and at…
Dalmia Cement (Bharat) Limited (“DCBL”), a wholly owned subsidiary of Dalmia Bharat Limited, has announced the execution of a Business Transfer Agreement to acquire cement assets previously held by Jaiprakash Associates Limited (“JAL”), which was recently acquired by the Adani Group under the Insolvency & Bankruptcy Code (IBC) framework. The Agreement Details The agreement, executed…
The equity benchmark indices BSE Sensex and NSE Nifty ended flat after a volatile trading session on Thursday (May 21), as selling pressure in financial and information technology stocks erased early gains. The Sensex declined 135 points to close at 75,183, while the Nifty settled 4 points lower at 23,655 after slipping below the 23,700…
Nykaa reported a sharp rise in fourth-quarter earnings, with consolidated net profit jumping to ₹78.4 crore in Q4FY26 from ₹20.3 crore in the corresponding quarter last year, supported by strong revenue growth and margin expansion. Revenue from operations grew 28.4% year-on-year to ₹2,648.2 crore from ₹2,061.8 crore, marking the company’s highest growth in the last…
The Central Bureau of Investigation (CBI) has filed its first chargesheet in the multi-bank misappropriation case involving the alleged diversion of nearly ₹1,000 crore from accounts of various Haryana government departments. The agency has chargesheeted 15 accused, including six bank officials from IDFC FIRST Bank and AU Small Finance Bank, three public servants from Haryana…
Maruti Suzuki India Ltd, the country’s largest passenger vehicle maker, on Thursday announced a price hike of up to ₹30,000 across its model range from June 2026, citing persistent inflationary pressures and an adverse cost environment. The company said it has been making continuous efforts over recent months to absorb rising input costs through internal…
